Q.7. Who was known as the “Father of Economics”?
(1) Amartya Sen
(2) Karl Marx
(3) Adam Smith
(4) George Loewenstein
(5) None of These

Q.8. What is Gross Domestic Product(GDP)?
(1) It is the market value of all final goods and services made in the country.
(2) It is the Cost production of all final goods and services made in the country.
(3) It is the Cost services of all final goods and services made in the country.
(4) It is the market value of all final goods and services made within the borders of a country in a year.
(5) None of These

Q.10. Which Bank has opened its first branch in South Korea that is to play an important role in strengthening economic partnership between the two nations?
(1) ICICI
(2) SBI
(3) PNB
(4) HDFC
(5) None of These11. Chairman of Banks are decided by
(a) Commerce Ministry
(b) RBI
(c) Finance Ministry
(d) Corporate Ministry
(e) None of these

12. A customer desiring to do permitted banking transactions through ATM needs to have
(a) ATM card or debit card/credit card (if compatible with the ATM function)
(b) Personal identification number (PIN), allotted by the bank while issuing ATM /Debit card/credit card
(c) Both (a) and (b)
(d) Smartphone
(e) None of the above

13. Which of the following steps is not required by the user for withdrawing money from ATM?
(a) Inserting ATM card in the card slot
(b) Entering PIN
(c) Entering account no
(d) All of the above
(e) None of the above

14. Credit cards are cards which are also known as
(a) Plastic cards
(b) Card money
(c) Plastic cards full of money
(d) All of the above
(e)None of the above

15. The Basic Committee has defined capital in two Tiers (Tier-I and Tier-II). Tier-I capital is known as
(a) Net capital
(b) Gross capital
(c) Working capital
(d) Core capital
(e) None of these

20. A centralized database with online connectivity to branches, internet as well as ATM- network which has been adopted by almost all major banks of our country is known as?
(a) Investment Banking
(b) Core Banking
(c) Mobile Banking
(d) National Banking
(e) Specialized Banking